Las Vegas and Trump Tower

How Donald Trump’s tax plan is already creating jobs in the US – the perspective of an international tax lawyer from Australia

There is no doubt in my mind that the Trump tax plan, specifically the reduction in the corporate tax rate from 35% to 21%, will new create jobs in the US. I know this because I already have clients and fellow tax lawyers in the US talking to me about making this happen. Let me […]

export-grant

Can I claim the export market development grant (EMDG)?

What is it? It helps you pay for your marketing costs when selling your products overseas by reimbursing you (up to 50%) for amounts you spend on promoting your products and services for export (except to New Zealand and North Korea) Most products and services where the intended buyer is a foreigner will qualify, so […]

Beware: Developers may be tempted to use sunset clauses to cancel NSW property contracts in a rising market

Beware: Developers may be tempted to use sunset clauses to cancel NSW property contracts in a rising market

In real property terms, buying off the plan mean signing a contract to purchase a property, whether it is an apartment, townhouse or a house and land before it is built.  Buyers would pay a 10% deposit upfront and can be left waiting for years for the project to be completed and settled.  On top […]

Tax audit review success stories

Tax audit review success stories

The very words ‘tax audit’ strike fear into many people. But audits aren’t always a bad thing. In fact, sometimes they can work in your favour. To illustrate this, here’s some real life success stories: A client was audited for GST. After some back and forth with the tax office, it turned out they had […]

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Easements 101: What are Easements on the Title of Land and What Do they Mean?

In New South Wales the Conveyancing Act 1919 (“the Act”) is the legislation which expresses and regulates the essential law relating generally to land in NSW. Other legislation, such as The Real Property Act 1900 and the acts relating to Strata Titles and Crown Lands, cover specific kinds of title. This article will explain the […]

The 6 stages of dealing with ATO audits

Dealing with ATO audits

It’s a phone call many of us dread. The ATO is on the line informing you they’ve decided to audit you. The panic sets in and you lose all sense of rational thought. But just stop and breathe. The chances you’ve done something truly wrong are minimal. Even if you have made a mistake, the […]

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What Does a ‘Covenant’ on the Title of Land Mean?

Under The Torrens Title system of land registration, the Registered Proprietor of a parcel of land is the absolute owner of that land. His or her title is indefeasible, and is protected absolutely against claims or other interests which are not registered on the title to that land. The system developed as a means of […]

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What Does ‘Reasonably Necessary’ Mean in the Context of Granting an Easement Under Section 88K of the Conveyancing Act?

We all, in a particular context, at times use words and phrases about which we are sure there is a clear and unambiguous meaning, and it can come as a surprise when another person provides a different meaning for those same words and phrases in the same context. The Courts are often asked to interpret […]

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How you can profit from being forced to grant an easement in NSW – Section 88K of the Conveyancing Act

If you’ve received a letter in the mail saying that someone wants to build a pipe through your land or needs an easement from you or they will take you to Court, you have every right to be baffled.  You’re probably thinking a lot of different things which we wouldn’t want to necessarily place here […]

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How to reduce your tax by investing in start ups

If you’re an investor or a start-up looking for an investor, you may have heard that the government has introduced a new tax break for investors investing in start-ups. The way it works is fairly straightforward:  invest is a qualifying start-up (the technical term is “Early Stage Investment Company or ESIC”) and get a tax […]

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